HSBC selects NZ CEO

HSBC has appointed
Noel McNamara
as chief executive for New Zealand, effective September 1, subject to local regulatory approvals. Mr McNamara, currently head of commercial banking for HSBC in Australia, succeeds David Griffiths, whose next posting will be announced later.

National Australia Bank
chief executive
Cameron Clyne
has exercised 3478 performance rights over shares in the bank. The value attributed to the rights was $94,427.70.

RHG
said the ex-entitlement date for its cash dividend of 79¢ a share had changed to May 13 and the record date to May 18. The June 2 payment date is unchanged.